This is part of the county’s Neighborhood Stabilization Program (NSP).
DuPage County is purchasing bank-owned foreclosed homes and rehabbing them for sale to qualified buyers, who would be willing to live in the house. This owner-occupied new program includes a special financing plan that can save you money and help you get the home of your dreams.
The DuPage Home Ownership Center is the source of some great information.
The Homestead Program was created in 1992 to help first-time homebuyers who were being priced out of the high-cost DuPage housing market. Using a reduced-interest mortgage-financing package to boost the buying power of income-eligible first-time buyers enables them to afford a home in DuPage County. Because you are paying less in interest charges than with market-rate financing, you can afford more house!
Home Ownership Preservation Service Offers free counseling to DuPage County homeowners who are struggling in today’s tough economy to develop realistic solutions to prevent foreclosure.
Hope For Seniors offers free, confidential, unbiased information and counseling to senior homeowners about reverse mortgages, tax relief options and low-cost home repair programs that can help you maintain your independence.
Sometimes we forget that there is help out there! DuPage County is definitely supporting home ownership through all these programs. Whether your dream is to own your first home or to be able to stay in your existing home, let me know how I can help.
sharonriegert
